Post
Topic
Board Speculation
Merits 5 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
DaRude
on 25/01/2024, 21:31:08 UTC
⭐ Merited by El duderino_ (5)
Greyscale will sell much more.

This is just the start of a soul crushing multi-month pre-halving correction.

Consolidation during summer.

It will go up again q4 with a possible ATH.

Real fun starts in 2025, until that happens i will remain extremely bearish.

Sorry..

The Bitcoin price is undoubtedly susceptible to the halving cycle, and there's a chance that the months preceding it will see some notable corrections. To be precise, do you genuinely believe that Greyscale's sales will have a greater influence than other factors, such as macroeconomic circumstances or overall market sentiment?
Again, It is highly likely that we will witness a consolidation in the summer. If this is the case, is now a good time to buy?

GBTC already lost about BTC100k and has about BTC500k left, we wont end tomorrow but it wont be as long as others say either